Raleigh, North Carolina Bank Gives SBA Loan to Pet And Pet Supplies Stores Company
Get SBA loans from a Raleigh, North Carolina bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
First-Citizens Bank & Trust is a Raleigh, North Carolina small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a South Carolina company.
SBA Loan Borrower
COMPANY TYPE: PET AND PET SUPPLIES STORES
FORT MILL, SC 29715
SBA Loan Lender
FIRST-CITIZENS BANK & TRUST
100 E TRYON RD
RALEIGH, NC 27603
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453910 - Pet and Pet Supplies Stores
Loan Approval Date
8/15/2002
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Fort Mill or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
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